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Mall and Hotel Loans Are Blowing up Commercial Mortgage-Backed Securities
Wolf Street, July 5, 2020–Wolf Richter
The delinquency rate for Commercial Mortgage Backed Securities (CMBS) spiked by 317 basis points to 10.3% in June, after having spiked by 481 basis points in May, which had been the largest month-to-month spike in the data going back to 2009, according to Trepp.
https://wolfstreet.com/2020/07/05/mall-and-hotel-loans-are-blowing-up-commercial-mortgage-backed-securities/